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said officers of the County executing the same, such execution to be conclusive evidence of such <br />approval. <br />SECTION 4. APPROVAL OF THE CAPITAL RESERVE ACCOUNT AGREEMENT, The <br />Capital Reserve Account Agreement in substantially the form attached hereto as ExhibitB is hereby <br />approved and the Chairman or Vice -Chairman and the Clerk are hereby authorized and directed to <br />execute and deliver the Capital Reserve Account Agreement on behalf of and in the name of the <br />County, with such additional changes, insertions and omissions therein as may be otherwise made <br />and approved by said officers of the County executing the same, such execution to be conclusive <br />evidence of such approval. <br />SECTION 5. APPROVAL OF THE GUARANTY AGREEMENT. The Guaranty Agreement <br />in substantially the form attached hereto as Exhibit C is hereby approved and the Chairman or Vice - <br />Chairman and the Clerk are hereby authorized and directed to execute and deliver the Guarantv <br />Agreement on behalf of and in the name of the County, with such additional changes, insertions <br />and omissions therein as may be otherwise made and approved by said officers of the County <br />executing the same, such execution to be conclusive evidence of such approval. <br />SECTION 6. APPOINTMENT OF THE CAPITAL RESERVE ACCOUNT AGENT. The <br />Clerk of the Court of Indian River County, ex officio Clerk of the Board of County Commissioners, <br />is hereby appointed to serve as the "Capital Reserve Account Agent" under the Capital Reserve <br />Account Agreement. <br />SECTION 7. ESTOPPEL CERTIFICATE. The Estoppel Certificate in substantially the <br />form attached hereto as Exhibit D is hereby approved and the Chairman or Vice -Chairman and the <br />Clerk are hereby authorized and directed to execute and deliver the Estoppel Certificate on behalf <br />of and in the name of the County, with such additional changes, insertions and omissions therein as <br />may be otherwise made and approved by said officers of the County executing the same, such <br />execution to be conclusive evidence of such approval. <br />SECTION S. APPROVAL OF IMPROVEMENTS. The County recognizes that the <br />"Improvements" set forth in the Facility Lease Agreement are subject to adjustment, expansion and <br />deletion as a result of the negotiation for and receipt of bids for the costs of such Improvements and <br />as a result of any applicable site plan approval process. The County Administrator is expressly <br />authorized and directed to approve, on behalf of the County, any such adjustments, expansions and <br />deletions as a result of the bidding process and as a result of any site plan approval process, without <br />further action by this Commission. <br />SECTION 9. GENERAL AUTHORITY. The Chairman or Vice -Chairman, the County <br />Administrator, the County Attorney, the Clerk and any other proper officials of the County are <br />hereby authorized to do all acts and things required of them by this Resolution or that may <br />otherwise be desirable or consistent with accomplishing the full, punctual and complete <br />2 <br />